The Wall Street Journal
Former senior executives at chicken producers fixed prices and rigged bids from 2012 to 2017, according to the Justice Department. Collusion accusations have shadowed the $65 billion U.S. chicken industry since late 2016. Similar price-fixing lawsuits since then have been filed against chicken companies by some of the biggest sellers of food, including supermarket giants Walmart and Kroger.
Reuters
Retailer H&M is temporarily closing 95 stores due to unrest in cities throughout the country. Many of the protests over the killing of George Floyd have been peaceful. But in some cases, retailers have experienced looting or vandalism, reportedly including H&M stores in Philadelphia and Boston. CVS and Target also have temporarily closed stores.
Silicon Valley Business Journal
Zoom has hired its first chief diversity officer, Damien Hooper-Campbell, who had the same position at eBay. Hooper-Campbell, who has been with eBay since 2016 and has a long history focused on corporate diversity, “will help San Jose-based Zoom further develop diversity and inclusion initiatives,” according to the Silicon Valley Business Journal.
Fast Company
Peloton is pushing past its holiday advertising blunder with a live show featuring athletes like the NBA’s Gordon Hayward, golfer Rory McIlroy and tennis star Monica Puig. Thanks to gym closures, “Peloton revenue skyrocketed by 66% in its fiscal third quarter, and last month it held its largest-ever class streaming for 23,000 people,” according to Fast Company. “Now, with live sports largely still on hold, the brand is taking another step in helping fitness fans stay entertained by teaming with ESPN for an actual live broadcast of a celebrity Spin class.”
Daily Herald
Amazon is opening a nearly 43,000-square-foot grocery store including a restaurant in the former Babies R Us space in Schaumburg, a Chicago suburb. Government officials approved the project last August without being told the name of the company, instead working through a third party to authorize the project. Amazon said the new store will not be part of its checkout-free Amazon Go line but rather will feature a traditional checkout experience. "Amazon did not indicate when the store would be opening, but village officials believe late summer is a possibility," according to the Daily Herald.
The New York Times
Fred Guttenberg, whose 14-year-old daughter died in the Marjory Stoneman Douglas High School massacre in Parkland, Florida, and two gun safety groups sent a complaint to the Federal Trade Commission Sunday to stop Smith & Wesson from using what they described as “deceptive and unfair” marketing to promote assault-style rifles.
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